MARKETS

Strike chasing cash injection for Perth Basin domination dreams

STRIKE Energy is seeking to raise A$80 million to progress its large swathe of plans that include gas appraisal and development, to fund work at its recently acquired Perth Basin geothermal project, its Project Haber urea and hydrogen development, and Phase 1 of its West Erregulla project.

Strike chasing cash injection for Perth Basin domination dreams

Its current cash level is enough to progress its West Erregulla three well appraisal campaign.  It says "additional funding is required to maintain the cadence of delivery of Strike's vision in producing...

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